Posted by OHSteve on August 24, 2003 at 07:17:18:
John, I am possibly going to have some money coming in from the sale proceeds of a few of my properties. I want to put the money in something that is exempt from creditors, judgements, lawsuits, etc. I’m thinking about a 529 plan for my child’s (yet to come…my wife is due with our 1st in Sept!) education. Do you know if these are exempt from these things? What else? Any good articles you can refer me to? I know nothing is 100% (although I am fairly certain life insurance is…), but I am trying to look at some options so I can better sleep at night knowing no one can touch these proceeds.